Streaming giant Netflix is reportedly planning to lay off around 1,000 employees, representing approximately 6% of its workforce, amid intensifying competition from rival platforms.
South Korean automotive giant Hyundai Motor Group has announced plans to invest $15.5 billion in India between 2026 and 2032, positioning the country as a strategic core market for its future growth, expansion into emerging markets and next-generation automotive innovation.
The Cabinet Committee on Economic Affairs (CCEA) on October 14, 2026, approved 10955230 Canada Inc., the parent entity of Fairfax Financial Holdings Ltd., as the strategic buyer for a 60.72% stake in IDBI Bank Ltd.
Foreign Minister of Canada, Anita Anand, called on Prime Minister Narendra Modi on Wednesday when they discussed ongoing efforts to strengthen bilateral ties and expand cooperation in areas of mutual interes.
India’s gross gem and jewellery exports rose 9.43% year-on-year in US dollar terms and 18.24% in rupee terms to $2.95 billion (Rs 28,157.55 crore) in September 2026, compared with $2.70 billion (Rs 23,813.91 crore) in the same month last year.
India's wholesale price index (WPI)-based inflation rose to 11.39% year-on-year (YoY) in September 2026, up from 9.92% in August, according to government data released on Wednesday, amid the ongoing festive season.
Union Finance and Corporate Affairs Minister Nirmala Sitharaman will undertake an official visit to Bangkok, Thailand, from October 14 to 18, 2026, to participate in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, along with meetings of G20 and G7 Finance Ministers and Central Bank Governors (FMCBG).
Approximately 800 million young people entering the labour market in developing economies over the coming years will not find jobs unless countries act, the head of the UN Development Programme (UNDP) warned on Tuesday, as the agency launched two initiatives to boost investment and employment.
Citi and Credendo, Belgium’s export credit agency, today announced the successful closing of a USD 328 million financing for eight Airbus aircraft (six A321s and two A320s) for IndiGo. Under the structure, Citi acted as Sole Mandated Arranger, ECA Coordinator and Sole Lender, with the financing backed by Credendo’s credit insurance.
Shree Cement Limited has announced the successful commissioning of a 3 MTPA cement grinding facility at Union Cement Company (UCC), a subsidiary of Shree Cement Limited, in, Ras Al Khaimah, UAE, with an investment of AED 115 million.
Adani Enterprises Limited (AEL), the flagship company of the Adani Group, and Jabil Inc. (NYSE: JBL), a global engineering, supply chain and manufacturing company, have signed a non-binding Memorandum of Understanding (MoU) setting out the framework for a proposed 50:50 joint venture to manufacture and assemble artificial intelligence (AI) and data centre equipment in India.
Information technology stocks emerged as the biggest gainers of the session, supported by stronger-than-expected July-September quarter results.
The implementation of Merchant Discount Rate (MDR) charges on select Unified Payments Interface (UPI) transactions has been deferred until after Diwali, following requests from trader bodies and payment industry stakeholders.
India's retail inflation rose to 5.54 per cent in September 2026, according to government data released on Monday, driven by a sharp increase in food prices.
Kolkata/IBNS: Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a Navratna Defence Public Sector Undertaking under the Ministry of Defence, Government of India, launched ‘Shreyas’, the third of four Next Generation Offshore Patrol Vessels (NGOPVs) being built by the shipyard for the Indian Navy, at its Rishi Bankim Shipyard on Saturday.
Visakhapatnam: VeeCycle Works, a Sona Group venture focused on converting industrial waste into valuable resources, today signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh at the first AP Regional Investment Conference 2026 in Visakhapatnam.
World trade reached a record $35 trillion in 2025 – but developing countries were held back from greater participation in the global economy because of new technological and policy barriers, the UN trade and development agency UNCTAD said on Friday.
Tech billionaire Elon Musk has once again taken a swipe at Indian business tycoon Mukesh Ambani over the delay in launching Starlink in India, sarcastically referring to him as the country's “real boss” and accusing him of protecting his telecom empire from competition.
Airtel Money, the mobile payments arm of Airtel Africa, made its debut on the London Stock Exchange (LSE) on Friday, October 9, marking a significant milestone for the company as it seeks to tap the growing demand for digital financial services across Africa.
The Department of Posts (DoP), under the Ministry of Communications, and Blue Dart Express Limited have signed an agreement to collaborate on India Post Parcel services, aiming to strengthen parcel delivery operations and expand logistics coverage across the country.
Fusion CX Limited, a provider of customer experience and AI data infrastructure services, has fixed the price band for its ₹702-crore initial public offering (IPO) at ₹275–₹289 per share.
Union Finance and Corporate Affairs Minister Nirmala Sitharaman is on an official visit to Singapore from October 9 to 11, during which she is scheduled to hold a series of high-level engagements with the country's leadership and leading global investors.
Kolkata: A new ride-hailing platform, Go Buddy, was launched in Kolkata on Thursday, with its founders pitching safety and equal access for male, female and child passengers as the app enters the city's cab-booking market just ahead of Durga Puja.
Mumbai/IBNS: The Indian stock market witnessed a sharp sell-off as investors' wealth worth nearly Rs. 8 lakh crore was wiped out in a single trading session amid heightened pressure on Dalal Street, media reports said.
E-commerce giant Amazon has announced a fresh round of job cuts affecting employees in India, the United States and the United Kingdom, with fewer than 1,000 roles reportedly impacted, media reports said.
JioHotstar has announced its entry into the Middle East and North Africa (MENA), marking the latest expansion of its rapidly growing international footprint.
Mumbai/IBNS: The Reserve Bank of India (RBI) on Wednesday hiked the repo rate by 25 basis points, marking the first increase since February 2023, media reports said.
Godrej Consumer Products Indonesia (GCPI), operating as a subsidiary of India-based Godrej Consumer Products Limited (GCPL), on Tuesday inaugurated the first phase of its new manufacturing facility in the Kendal Special Economic Zone, part of an IDR (Indonesian Rupiah) 500 billion (approx. INR 250 crore) investment in Kendal to strengthen the company’s manufacturing footprint in Indonesia.
HDFC Asset Management Company Limited (HDFC AMC), Investment Manager to HDFC Mutual Fund (HDFC MF), has announced the launch of HDFC Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund, an open-ended index fund replicating/tracking the Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index (TR). The New Fund Offer (NFO) opens on October 5, 2026, and closes on October 19, 2026.
The Union Cabinet on Tuesday approved the Government of India’s commitment of Rs 10,000 crore towards the establishment of the SME Growth Fund (SGF), aimed at providing growth-oriented capital to India’s small and medium enterprises (SMEs) and facilitating the emergence of Indian champions across manufacturing, services, technology, innovation-driven sectors and strategic value chains.
